Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The marketing manager of the new grocery store advertise the grocery store online. The objective is to increase its revenue by 35% after the ad



The marketing manager of the new grocery store advertise the grocery store online. The objective is to increase its revenue by 35% after the ad is running. This grocery store target audience are Thailander people since the products of this grocery store are exclusively imported from Thailand and the operation of this store is in Australia


so, these are some of the questions that I am stuck:


1.) Indicate a source each of organizational (internal) and external (industry) information or documents that are consulted to this marketing mix plan

(i) organizational (provide document or information type or source

(ii)industry (provide document or information type or source


2.. Looking ahead, what is a possible problem that could occur during each of the implementation and monitoring of this marketing mix plan phases (one required for each phase), and how would you deal with each of these. Give example at least 2 problems and what is your solution and how you will you monitor it?


3.. Explain how this marketing mix plan could contribute to the likely longer-term operational and strategic goals of your focus organisation. Provide Example of organisational strategic long term goal and its Contribution


4.Report on the process you used to establish the optimum marketing mix for this organisation, in each of the following three areas:

(i) customer service levels

(ii) Distribution

(iii)pricing


5.Indicate two pieces of legislation, regulations or codes that might affect your marketing mix plan, and what their effect is?


6.Explain an underlying principle of consumer/buyer behaviour and indicate how (if at all) this has influenced your marketing mix plan.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

For organizational internal information the marketing manager would consult i Internal sales data and reports This includes past sales data revenue figures and customer insights collected by the groce... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting the basis for business decisions

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

16th edition

0077664078, 978-0077664077, 78111048, 978-0078111044

More Books

Students also viewed these Marketing questions